Okay. Everybody is wondering about furnishing their short-term rental
properties. It's probably the biggest expense when it comes to having a
short-term rental property. So, how do you furnish your short-term rental property?
Where do you find the furniture? How much did you spend?
What should you buy? That's what we're talking about. Let's go.
In this video, I'm going to be covering where you should be looking to find
furniture, how much furniture you need. How much money you should spend and I'm
going to give you some secrets on how to get discounts and how to get low price
furniture that's really high quality. So, number one, when you're talking about
buying furniture for your short-term rental, the first thing that you want to
do before you go to any store to buy anything is you want to start with your
house or your apartment. You want to go through it with a white piece of paper
and you want to map out the entire house. Go through every single room and map out
the house. Think about where the bed will be. Where the dresser will be. If there
will be a TV in that room. If there's going to be one nightstand or 2
nightstand. You want to go through and map out of the house. You want to think
about what furniture is needed in every single room and account for that
furniture. Once we kind of decide what furniture we're going to put in, then we can
decide where we're going to get it and if it's even necessary. But step one, before
you even go to any stores and just start shopping and buying random things, you
really need to know, "Okay, what do I absolutely need? What pieces do I need
before you make a move?" Number 2, when you're after you have mapped out your
entire house, you're going to outline each of the rooms and you're going to outline
what is needed in each room. So, of course, every bedroom needs a bed. But what size
bed? Are you going to put a king, a queen, twins, a bunk bed? You need to determine
how many people can comfortably sleep in your home and determine how to make each
room fit that so that you can maximize and increase the number of people that
can sleep in your home. Now that you've outlined the rooms and you've decided
this room can comfortably sleep too, you may think to yourself, "Well, maybe, it
could sleep 3 if it had a air mattress in the closet or if it had a
pullout or if it had a trundle under it." Things like that. Now, when it comes to
the master bedroom, I don't suggest you doing this. Sometimes the master bedroom
it really needs to compare to a hotel room and have a king bed in there for
example, a nice stand on a TV. The master bedroom really
to be like a hotel. So, don't do this with the master bedroom. If you only have a
one-bedroom, do not stack a bunch of beds in that room, okay? Think about this. But
be strategic and be realistic with what people might enjoy. Once you have your
list and you've outlined what furniture is needed in each property, go ahead and
start to outline a budget, okay? You need to outline a budget how much are you
going to spend? I'm going to give you some great tools and tips and you'll actually
see a little bit of footage in here from some properties that our Airbnb that
talked about how to get some beds pretty inexpensively. And I'm going to tell you
kind of where to get some of those beddings. But one of the things that we
do is we like beds that are sturdy and they can hold a lot of people. But at the
same time, we don't want to spend a lot of money. So, if you're thinking about
beds, you don't want to spend a whole lot of money on the beds. You don't want to
get those fancy beds that cost thousands of dollars. You really want something
that's sturdy and that is nice looking but it's going to do the job. This is not
your home, you don't want to upholstery and diamonds and studs and all that
other stuff. You want a nice bed that's comfortable and you're going to end up
spending some money on mattresses. So, take the time to research what some
mattresses cost. Get the prices of king, queen, twin, full. Know what mattresses
cost because that's where you're going to have to spend a little bit of money.
I'm not saying spend a ton of money on mattresses but please do not buy $100
mattresses when you should be buying $300 mattresses. Alright. Now, that we have
our budget, we are going to start shopping. And the key to shopping for furniture
for your short-term rental is sturdy and basic. If you don't remember anything
else, remember those 2 words. Sturdy and
basic. You'll see from the beds that from the footage that we're showing you now,
these beds are sturdy and basic. They are from Ikea. So, I'm going to give you some
great stores that you can go to. So, IKEA is one. They have some stuff that is
inexpensive but sturdy. They also have some stuff that is inexpensive and not
sturdy. Again, we want sturdy. So, think about it. Is it metal? That's probably
good. Or is it like a cheap wood. You want the metal. You would want something
that's sturdy and it's going to be able to hold people that have
weight. Okay? And everybody is 10 pounds. People are full size. These
are adults that are sleeping on the bed. And you want to make sure that they
don't break your beds when they sit on them. So, you want a sturdy basic bed. So,
I'm going to give you some stores that you can go to. Again, IKEA is number 1.
Another great store to get furniture for your short-term rental is rooms to go.
Now, yes this could be a little bit more expensive and of course this video is
not endorsed by them. I got no money from rooms to go or from Ikea or any of these
stores. I'm just telling you the truth. Rooms to go has some really great
furniture. But not all of it is going to be good for what you're trying to do.
Remember, basic and sturdy. So, you're not going for those high-end things. You're
not going for things that are super expensive. But they have some great
brands like Ashlee and a few other of their brands that are national brands,
they're sturdy. They're not very expensive. And the great thing about
rooms to go why I do recommend it in many cases is because they have a great
credit program where you can borrow the money for that furniture. Have it making
money for you while you're making payments. So, for many people, this is a
great way to get started. Yet you're taking on a little bit of debt. But that
debt is being paid back from the business that you have running. The next
place you want to get furniture is going to be used furniture, okay? So, Salvation
Army, Goodwill, consignment stores. They're going to be a great place to get a lot of
things that you need. Now, of course, we are not buying mattresses and beds most
likely from you know Salvation Army and Goodwill. However, they do have actually
the bed frames. I would totally buy those. But another great thing that they have
that I absolutely love is decor. Yes, decor. One of the things that you will
spend some money on when furnishing your home are decor. It can't just be a bed.
There needs to be a little plant or there needs to be something on the wall
a nice painting. Little decor for the wall. And Goodwill, Salvation Army,
consignment stores.. These use furniture places. They have a ton of
that stuff. People give away that stuff like crazy. And I usually get pretty much
all of my decor from used stores. I pretty much get all of my decor from
stores where people have donated those items and I get it for a great price. And
last but not least, you want to stick to your budget. So, you made
the budget. Please stick to it. So, many times people will go out and they start
shopping and they just start buying things and spending more than they want
it to spend. If you wrote down that you are spending this amount, you should try
to stick to that. Because you are going to get way off of your business if you
start spending more money than you had budgeted for. If you're finding that you
didn't budget enough, then you need to look at the internet and see if you can
find things for those prices. A lot of times you can find
things on Amazon and online at a better price than you can out in a store.
Additionally, you want to do your research before you go to the store.
Especially if you are finding that you are not finding things for the prices
that you set in mind. Something's either wrong with your budget or you're not at
the right stores. Alright guys. So, that's how you will furnish your short term
rental property. Follow those steps and you will be successful. Alright. So, go
ahead and take this moment and go ahead and subscribe to my channel. Please go
ahead and like this video if you've enjoyed what I said.
Comment below remember I read all of your comments. I love commenting and
replying with you and teaching you all of these things so that you can be
successful in your new businesses. And the businesses that you already have.
To your success.